The Prediction Markets

How many government shutdowns by December 31, 2027?

Closes
Jan 1, 2028, in 14 months
Traded
$17K
Venues
Polymarket
Prices updated
2 min ago
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What the markets expect

1 37%

Next is 2 at 32.8%. Only Polymarket lists this market, so there is no second price to compare.

1 37%2 32.8%0 15.6%3+ 14.6%

Odds by venue

Fair chance strips out each venue’s built-in margin (its prices add up to more than 100%), then blends the venues by how much has traded there, so the outcomes add up to 100%. Best Yes price is the cheapest ask across venues, and the payout is what a winning $100 stake returns before fees. Open a row for each venue’s contract name, bid and ask, and how closely their rules match.

Prices come from our regular polls of each venue, the oldest 2 min ago. Ages are as of when this page was built.

  • Polymarket
1
37%
Polymarket 35.5%(37% fair)polled, 2 min agoBest Yes 36¢ on Polymarket, $100 pays $278 (2.78x)
Polymarket
Contract
1
Last price
35.5%
Fair, margin removed
37%
As of
Polled 2 min ago
Buy Yes
36¢
Sell Yes
35¢
$100 on Yes pays
$278 (2.78x)
Volume
$5K
Trade this on Polymarket
2
32.8%
Polymarket 31.5%(32.8% fair)polled, 2 min agoBest Yes 32¢ on Polymarket, $100 pays $313 (3.13x)
Polymarket
Contract
2
Last price
31.5%
Fair, margin removed
32.8%
As of
Polled 2 min ago
Buy Yes
32¢
Sell Yes
31¢
$100 on Yes pays
$313 (3.13x)
Volume
$4K
Trade this on Polymarket
0
15.6%
Polymarket 15%(15.6% fair)polled, 2 min agoBest Yes 16¢ on Polymarket, $100 pays $625 (6.25x)
Polymarket
Contract
0
Last price
15%
Fair, margin removed
15.6%
As of
Polled 2 min ago
Buy Yes
16¢
Sell Yes
14¢
$100 on Yes pays
$625 (6.25x)
Volume
$6K
Trade this on Polymarket
3+
14.6%
Polymarket 14%(14.6% fair)polled, 2 min agoBest Yes 15¢ on Polymarket, $100 pays $667 (6.67x)
Polymarket
Contract
3+
Last price
14%
Fair, margin removed
14.6%
As of
Polled 2 min ago
Buy Yes
15¢
Sell Yes
13¢
$100 on Yes pays
$667 (6.67x)
Volume
$2K
Trade this on Polymarket

Who resolves this market

Polymarket
Polymarket resolves via:
UMA optimistic oracle

How the odds have moved

The top 3 outcomes on both venues, with the consensus between them. Hover for exact values.

  • 1
  • 2
  • 0

Order books

Each venue’s resting orders for the selected outcome’s Yes contract, side by side. Top of book streams live; depth refreshes every 15 seconds.

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Depth · top 8 levels

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Recent trades

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What your stake buys

Enter a stake to see where it buys the most after fees, using each venue’s live order book.

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Cover all 4 outcomes across venues

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Buys at the asks resting now (taker orders), cheapest after fees first, from order-book snapshots up to 15 seconds old. Fees: Kalshi 0.07 × price × (1 − price) per share, rounded up to the cent; Polymarket 0.04 × price × (1 − price) per share (politics rate). Fee calculator. Estimates only, not advice.

About this market

Live prediction market odds for "How many government shutdowns by December 31, 2027?". 1 leads at 37%. Next is 2 at 32.8%. $17K has traded across 4 outcomes on Polymarket. The market is expected to resolve by Jan 1, 2028.

This market will resolve according to the number of distinct United States federal government shutdowns due to a lapse in appropriations that go into effect between market creation and December 31, 2027, 11:59 PM ET. A U.S. federal government shutdown is considered to have gone into effect when there is a lapse in appropriations that results in federal government agencies suspending non-excepted operations, typically including the furlough of non-excepted federal employees. A lapse in appropriations occurs when Congress fails to enact, or the President fails to sign into law, legislation providing funding authority for federal government operations by an applicable deadline, resulting in a funding lapse. A lapse in appropriations where no federal agencies cease or suspend non-excepted operations will not qualify as a shutdown. Partial shutdowns qualify. A shutdown affecting one or more, but not all, federal agencies constitutes a shutdown. The following will qualify as a shutdown: - An official directive from the Office of Management and Budget (OMB) ordering heads of affected agencies to execute shutdown plans (e.g., an instruction to "execute plans for an orderly shutdown") that goes into effect within this market's timeframe - An official operating status published by the U.S. Office of Personnel Management (OPM) indicating that, due to a lapse in appropriations, federal government operations are suspended, reduced, or vary by agency (e.g., a notice that "due to a partial lapse in appropriations, Federal Government operations vary by agency") The following will not qualify as a shutdown: - A technical lapse in appropriations where OMB or other authorized authority directs agencies to continue normal or substantially normal operations - Government closures or operating status changes resulting solely from Federal holidays, inclement weather, natural disasters, or other emergencies, unless such closures coincide with a qualifying shutdown caused by a lapse in appropriations Each qualifying shutdown counts once, regardless of its duration or the number of agencies affected. A shutdown ends when funding authority is restored for all affected agencies. A lapse in appropriations that begins while another qualifying shutdown is still in effect will not count as a separate shutdown. If no qualifying shutdown goes into effect within this market's timeframe, this market will resolve to "0". The primary resolution source for this market will be official information from the United States government, including the U.S. Office of Personnel Management (OPM); however, a consensus of credible reporting may also be used.

Questions

What does the consensus price mean?

It is the price of a Yes contract that pays $1 if the outcome happens. A 14¢ price means traders put the chance near 14%. Where two venues list the same outcome, we blend their last prices, weighting the venue with more trading volume more heavily (neither counts for less than a quarter). When only one outcome can win, each venue’s prices add up to a little over 100% (its margin); the fair chance removes that margin so the outcomes add up to exactly 100%.

How is the payout worked out?

A Yes contract pays $1 if it wins, so at the best ask a $100 stake buys 100 ÷ ask contracts. At 18¢ that is about 555 contracts, paying $556 (5.56x) if Yes happens. Venue fees and price slippage on larger orders are not included.

Why do the venues show different prices?

Each venue has its own traders, fees and order book. Contracts can also settle on slightly different terms, which is why each row lists how closely the rules match.

Is a price gap an arbitrage?

Only when you can buy Yes on one venue below what someone pays for Yes on the other, after fees, and both contracts settle the same way. We show the executable bid and ask so you can check.

How fresh are these prices?

Venue prices refresh every few minutes, and the order book and live quotes stream continuously. Each venue’s card shows when we last observed it.

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How many government shutdowns by December 31, 2027? Odds, Platforms, and Market Data | The Prediction Markets